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4119 North Ashland Avenue, ...

Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.15M
SOLDMultiFamily

Jameson Sotheby's Intl Realty Acquires Multifamily Property In Chicago For $1.15M

4119 North Ashland Avenue, Chicago, IL 60613, USA

$1,150,000

$155/SF

Building Size

7,405 SF

Asset Type

MultiFamily

Closing

Sep 7, 2021

AI

An undisclosed multifamily property in Chicago has been sold for a price of $1,150,000. The property is located at 4119 N Ashland Ave.

Summary of transaction details

  • Property Type: Multifamily
  • Date: 09/07/2021
  • Buyer's Rep: Jason O'Beirne - Jameson Sotheby's Intl Realty
  • Seller's Rep: Mary Nack - Compass
  • Market: Chicago

The buyer's representative in this transaction was Jason O'Beirne from Jameson Sotheby's Intl Realty and the seller's representative was Mary Nack from Compass.

Players

Jason O'Beirne

Sotheby's International Realty

Broker

$4.7M

vol

4 deals

Broker

Chicago MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.79%

Cash-on-Cash

-3.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93